Does motion equal progress? It was a strong start to the week, one that saw bitcoin and the rest of the cryptocurrency markets with positive gains across the board. The problem is that the gains merely offset a prior price retreat, leaving the coins in relatively the same position.
Thursday’s price retreat has turned into Friday’s price rally in the cryptocurrency markets, as investors looked to scoop up some bargains.
At mid-morning, bitcoin was at the $6,200 per single coin level, up a little more than one percent over yesterday. Although it was a minor bump,
The temporary respite in plunging cryptocurrency prices proved to be just that – temporary. At mid-morning, all of the top ten coins were in red arrows.
Bitcoin was at the $6,200 mark, down 3.5 percent over the last 24 hours. The rest of the top ten coins followed,
The price plunges of Tuesday have found an apparent floor this morning, as yesterday’s sell-off has halted in the top ten coins.
At mid-morning, bitcoin sat at the $6,400 level, up percentage points over the past 24 hours after a steep drop. It was a mixed bag elsewhere in the top ten,
Look out, below. A day after optimism reigned o’er the cryptocurrency world, hopes came crashing back to earth, as red arrows dominated the top ten coins.
As of mid-morning, bitcoin was down to the $6,300 level, a loss of nearly six percent off of Monday’s high.
The cryptocurrency markets continued to creep up on tiny cat feet this morning, as investors shaved a bit of profits, but still kept momentum positive.
At mid-morning, bitcoin stood at $6,800 per single coin, down slightly over the last 24 hour period, but up from last week.
Bitcoin continued its upward momentum today, sustaining the rally that began earlier this week and renewing some hope that the bottom of the seemingly endless spiral downward has ended.
At mid-morning, bitcoin stood at the $6,700 mark, up percentage points from yesterday, but continuing to move away from the upper $5,000 range that defined the floor of its most recent plunge.
There were no fireworks in the July 4 cryptocurrency markets, but momentum continued upward on the day. At mid-morning, bitcoin was at $6,600 per single coin, a rise of 1.5 percent over the last 24 hours.
Bitcoin topped $7,100 on at least one exchange,
The good news is that the cryptocurrency markets continued to rise today. The bad news is that momentum has appreciably slowed heading into the US holiday.
Bitcoin sat at the $6,500 level at mid-morning, up percentage points over the last 24 hours but a healthy boost from its floor last week.
Last week’s gloom and doom has vanished like the morning dew, as bitcoin roared back to life over the weekend, dragging the rest of its cryptocurrency comrades along for the ride.
After a period where bitcoin dropped down into the $5,000 range amidst speculation it could be headed far lower,